Buying a home in Israel can be stressful at the best of times. Buying a new home directly from a contractor can certainly push your anxiety level up even further. If you know what questions to ask, you can anticipate any issues and solve them before your minor headache turns into a major migraine.
Question 1: Are these the final plans?
The answer is likely to be no, unless these are the plans attached to the contract that you sign. Along the way, plans can change and the plans you see when you are deciding whether or not to buy may be changed right up until the contract is signed by you and the contractor.
If you sign the contract before the building permit has been issued, the plans may change later on because the local municipality may have requirements that force the contractor to change the plans in order to get the building permit. Commonly, the contract allows the purchaser to cancel the contract should the final plans be fundamentally different after the building permit is issued.
Most pre-construction contracts include clauses allowing the construction company to make changes in other places in the project. The law allows the construction company to make small deviations from the plans and quantities of items in the apartment.
Read the continuation of this article in the Arutz-7 Real Estate Section
Question 2: Can I change the contract in any way?
Question 3: Is my money protected if you get into financial difficulties?
Question 4: What happens if there are defects in construction?
Question 5: When does the apartment get registered in my name?
Question 6: Is it possible to put a cap on the price of the property?
Question 7: Does the construction company have to deliver the apartment on time?
Question 8: Can I make changes in the apartment?